lender

Real Estate Investing

Evolving Focus from Simply Profit to People

by Michael Zuber | January 17, 2012
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Writing for BiggerPockets is a lot of fun.  One of the best parts is interacting with all the readers as they share feedback, criticisms, and thoughtful questions.  The following topic is an example of such a question. Question: How does your work give back or contribute to the community? I found this question extremely insightful [...]

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Financing Real Estate

If You Can’t Find Real Estate Financing, Find a Partner.

by Ken Corsini | September 21, 2011
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With lender guidelines continually tightening, investor financing has become more difficult than ever to obtain. Investors that I worked with even a year ago to acquire investment properties with conventional financing are having trouble getting approved for a loan in the current lending environment. Whether it’s a borrowers borderline debt to income ratio, credit score, [...]

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Real Estate Investing

How I Structure My Lease Option Deals

by Jason Hanson | June 12, 2011

Two weeks ago I mentioned that one of the easiest (and free) ways to get a lease option deal is by calling “for rent” ads in your local newspaper. This week I’m going to share with you how I personally structure my lease option deals to make sure I get paid. First off, remember that [...]

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Mortgages & Lending

Will Banks Ever Lend Again, and if so, How To Get Your Deals Funded

by Peter Giardini | January 12, 2010
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I was speaking with one of my coaching clients this morning whose has purchased some killer deals using his Home Equity Line of Credit and private lender funds.  This client now needs to recapitalize to get the cash out of these properties so that he can continue his buying spree. During the course of the [...]

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Commentary

Sure, Walk Away From Your Loan, Why Not?

by Brendan O'Brien | December 20, 2009
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I wish I could write a happy post about the Christmas spirit right now, but I’m not in a generous mood.  I just read this article in which a professor of law advocates that people who are having trouble with their mortgages just walk away – free as a bird – and to heck with [...]

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Real Estate

Understanding Private Lending: Interview with a Private Lender Part 2

by Justin Pierce | August 2, 2009

Last week I spoke with a private lender who loaned her own money and brokered here own loans. She operates in Northern Virginia and takes great interest in the borrower. Her operation is small and she does not have any time or desire to foreclose on a property thus she tries to ensure she will not have to by dealing with experience investors who have assets and usually money to put into the deal.

To get a little variation on this topic I spoke with a different flavor of private lender. David Williams is a hard money lender located in Utah. The differences between these lenders are more than just their geographical location.

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Economy

The Crisis of Credit Visualized: How We Got Into the Current Housing Mess

by Joshua Dorkin | February 22, 2009

I just found this video series called the Crisis of Credit, outlining how we managed to get to where we are in terms of the housing and economic mess, and of course, I had to share it with our blog readers. So . . . . Enjoy! Part 1: Part 2: Thoughts?

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Commentary

Servicers Incentivized To Modify Loans Under Obama Plan – Is It Enough?

by Rob K. Blake | February 22, 2009

The Obama $75 Billion housing stabilization plan holds pieces which are designed to help stem foreclosures and help those already in foreclosure with loan modifications. Currently servicers have shown no real signs of wanting to modify loans, but this new plan hopes to change their collective minds. Will the Housing Stabilization Plan Work? I’ll get [...]

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Commentary

Questions & Risk for Lenders In The New Credit Environment

by Tom Koziol | February 20, 2009

Risk management rules are being revised as a result of the credit crisis we are currently experiencing. One of the categories under review is Customer Behavior. The proponents of the “strategic adjustments” have come up with supposedly new questions in this category. This makes sense if the questions were truly new questions engineered for the [...]

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Commentary

Major Banks Announce Halt in Foreclosures for One Month; Await Obama Plan Details

by Joshua Dorkin | February 14, 2009

As the spending stimulus package passed the House and Senate on Friday, lenders large and small took action to stem the tide of foreclosures (1 every 13 seconds) until more details were revealed about President Obama’s $50 billion plan (that’s the portion of the stimulus devoted to foreclosures, according to the AP). Fannie Mae, Freddie [...]

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Real Estate Investing

No Money for Real Estate Investors? What Are We Doing About it?

by Rosie Nieto | January 28, 2009

I have been spending a lot of time over the last couple of months in the trenches of  “show me the money.”  Right now, there are no loans for investors with 4 or more houses – period.    I did find a bank that is still doing loans for investors with more than 10 homes… but what was the [...]

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Commentary

Fed Research Sheds Light On Reluctance Of Subprime Lenders To Modify Loans

by Rob K. Blake | January 17, 2009

I came across a research paper published by the Boston Federal Reserve Bank where the researchers looked into among other things a mathematical formula that demonstrates subprime lender have little financial motivation to modify mortgages facing default. This research I thought was interesting because I am caught between wanting the government or the lenders to [...]

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Real Estate

How Speculators (Investors?) Dominate Real Estate Sales, and May be Blamed for Further Crashes

by Joshua Dorkin | January 7, 2009

According to to Bloomberg: As the U.S. housing recession enters its fourth year, there’s no sign of a recovery because speculators account for most of the rise in sales. While the purchases are trimming the inventory of unsold properties, most of those bought by speculators will likely return to the market when prices rise again, [...]

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Commentary

The BiggerPockets Real Estate Show (sort of): Episode 3

by Joshua Dorkin | January 3, 2009

This episode covers such topics as setting your goals, localized real estate markets, the challenges for real estate agents and brokers in the current market and more. Any thoughts? Comments?

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Commentary

Mortgage Brokers Getting All Time Low Of Origination Market Share

by Rob K. Blake | December 27, 2008

National Mortgage News reported last week in a survey recently completed, mortgage brokers are now only receiving 18.9% of the orignation Q3 market place. This paltry percentage of originations is an all-time low figure. Mortgage broker market share reached almost 80% just a few short years ago. Mortgage Broker Demise Premature The report hypothesized the [...]

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